For saleMulti-family

$290,000

1332 Logan Ave N

Minneapolis MN 55411

3 beds, 2 baths, 1,824 sqft

1332 Logan Ave N is a 3 beds, 2 baths, 1,824 sqft multi-family home for sale at $290,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,750/mo and returns $716/mo a month at a 9.5% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$2,750/mo
Monthly cash flow
$716/mo
Cap rate
9.5%
Cash-on-cash
14.8%
Max offer
$290,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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